- Decentralized energy generation for specific geographic locations is growing in popularity as a solution for customers searching for climate-friendly alternatives
- Environmentally conscious corporations are likewise seeking solutions that will help them meet global sustainability goals and social and governance reporting
- Distributed energy solutions developer Correlate Energy Corp. is helping clients meet the challenges of the modern energy era, focusing on behind-the-meter solar infrastructure improvements, access to financing, and measurable progress in sustainable solutions
- Correlate Energy is using strategic partnerships to boost its ability to provide clients with data-driven responsiveness for decarbonization, site analysis, and design proposal needs
Companies worldwide are working to build environmental, social and governance (“ESG”) initiatives, while meeting the expectations of investors. A recent Deloitte survey indicates that a majority of US companies report progress on sustainability (https://ibn.fm/ZDILd).
At the same time, a recent Forbes column noted the difficulties that global corporations face in meeting deadlines and standards applied under a variety of agreements, ranging from the Corporate Sustainability Due Diligence Directive (“CSDDD”) in Europe to the Securities Exchange Commission’s (“SEC’s”) Climate Related Disclosure Standards in the U.S.
“The transition mandate in the CSDDD is a blessing in disguise for many firms because it will act as the impetus for a standard set of benchmarks for evaluating sustainability risk across supply chains and put some much-needed structure around data collection, reporting and actions,” the report states (https://ibn.fm/6E3ib). “That will, in turn, provide better insights for investors and consumers to evaluate each company’s real stance on sustainability on an apples-to-apples basis.”
Distributed energy solutions company Correlate Energy (OTCQB: CIPI) is making renewable energy measures more accessible for corporations and residential customers alike, increasing the incentive to make the transition to climate-friendly distributed energy systems.
As Correlate Energy develops its own localized clean energy solutions and microgrids, and helps clients figure out the best way to set up their own, it can connect them with sources of financing, manage the construction process, and ensure goals are being met while building reporting transparency in the process.
“Behind the meter solar … has been our focus for a long time, specifically on large commercial and industrial properties,” Correlate’s Solar Energy & Storage Director Jason Loyet said during a March webcast with analytics partner Xendee (https://ibn.fm/CbFKP). “I think a lot of developers and a lot of commercial sales people are getting approached by national portfolios — same with Correlate. We’re at a unique opportunity in the industry.”
Additionally, some utility clients are finding decentralized energy generation an attractive alternative to central grids beset by power outage problems insufficient infrastructure.
For more information, visit the company’s website at www.Correlate.Energy, including the following:
- Breaking Down Barriers To Your ESG Goals While Generating Additional Net Operating Income: www.correlate.energy/our-process
- Platform Generates New Rent And Operating Income, Allowing You To Meet Your ESG Goals: www.correlate.energy/program
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI
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